Acquired Company
Pasithea Therapeutics acquired AlloMek Therapeutics on October 11, 2022 in exchange for $1.05 million upfront cash and the issuance of 2,700,000 Pasithea common shares plus warrants to acquire 1,000,000 additional Pasithea shares.
Pasithea Therapeutics Corp., a clinical-stage biotechnology company, focuses on the discovery, research, and development of treatments for central nervous system (CNS) disorders, RASopathies, and cancers. Its lead product candidate is PAS-004, a next-generation macrocyclic mitogen-activated protein kinase, or MEK inhibitor to treat a range of RASopathies, including neurofibromatosis type 1 (NF1); MAPK pathway-driven tumors, such as BRAFv600 and BRAF fusion tumors; and ETS2 driven diseases, including inflammatory bowel disease (IBD), primary sclerosing cholangitis, and ankylosing spondylitis. The company's lead development candidate is PAS-003, to treat amyotrophic lateral sclerosis. It also intends to develop PAS-001, to treat schizophrenia. Pasithea Therapeutics Corp. was incorporated in 2020 and is headquartered in Miami Beach, Florida. Show more
Location: 1111 Lincoln Road, Miami Beach, FL, 33139, United States | Website: https://www.pasithea.com | Industry: Biotechnology | Sector: Healthcare
Market Cap
19.88M
52 Wk Range
$0.28 - $3.85
Previous Close
$0.86
Open
$0.85
Volume
19,704
Day Range
$0.85 - $0.87
Enterprise Value
7.882M
Cash
4.123M
Avg Qtr Burn
-3.064M
Insider Ownership
1.61%
Institutional Own.
22.36%
Qtr Updated
09/30/25
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| Drug & Indication | Stage & Event | Catalyst Date |
|---|---|---|
PAS-004 Details Neurofibromatosis type 1 (NF1) | Phase 1 Data readout | |
PAS-004 Details Advanced cancer | Phase 1 Data readout |
